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The following data were taken from the records of Sheffield Company for the fiscal year ended June 30, 2020. $5,700 17.100 28,800 Raw Materials Inventory

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The following data were taken from the records of Sheffield Company for the fiscal year ended June 30, 2020. $5,700 17.100 28,800 Raw Materials Inventory 7/1/19 $50,200 Raw Materials Inventory 6/30/20 42,000 Finished Goods Inventory 7/1/19 98,100 Finished Goods Inventory 6/30/20 24,700 Work in Process Inventory 7/1/19 22,000 Work in Process Inventory 6/30/2027.900 Direct Labor 139,350 Indirect Labor 24,760 Accounts Receivable 27,200 Factory Insurance Factory Machinery Depreciation Factory Utilities Office Utilities Expense Sales Revenue Sales Discounts Plant Manager's Salary Factory Property Taxes Factory Repairs Raw Materials Purchases Cash 8,850 560,300 5,000 64.900 9,610 2.200 97,000 37,300 SHEFFIELD COMPANY Cost of Goods Manufactured Schedule Cost of Goods Manufactured Direct Labor Direct Materials Direct Materials Used Factory Machinery Depreciation Factory Insurance Factory Property Taxes Factory Repairs Factory Utilities Indirect Labor Manufacturing Overhead Plant Manager's Salary Raw Materials inventory, July 1, 2019 Raw Materials Inventory, June 30, 2020 Raw Materials Purchases Total Cost of Work in Process Inventory Total Manufacturing Costs Total Manufacturing Overhead Total Raw Materials Available for Use Work in Process Inventory, July 1, 2019 Work in Process Inventory, June 30, 2020 Finished Goods Inventory, July 1, 2019 Finished Goods Inventory, June 30, 2020 Office Utilities Expense Sales Revenue Accounts Receivable Sales Discounts Cash SHEFFIELD COMPANY (Partial) Income Statement Cost of Goods Sold Finished Goods Inventory, July 1, 2019 Finished Goods Inventory, June 30, 2020 Gross Profit Net Sales Sales Revenue Sales Discounts Office Utilities Expense Direct Labor Direct Materials Direct Materials Used Factory Machinery Depreciation Factory Insurance Factory Property Taxes Factory Repairs Factory Utilities Indirect Labor Manufacturing Overhead Plant Manager's Salary Raw Materials Inventory, July 1, 2019 Raw Materials Inventory, June 30, 2020 Raw Materials Purchases Total Cost of Work in Process Inventory Total Manufacturing Costs Total Manufacturing Overhead Total Raw Materials Available for Use Work in Process Inventory, July 1, 2019 Work in Process Inventory, June 30, 2020 Accounts Receivable Cash Jance sheet at June 30, 2020. (List Current Assets in order of liquidity.) SHEFFIELD COMPANY (Partial) Balance Sheet Total Current Assets Total Stockholders' Equity Total Liabilities Long-term Liabilities Total Liabilities and Stockholders' Equity Total Property. Plant and Equipment Total Long-term Liabilities Inventories Total Current Liabilities Intangible Assets Property, Plant and Equipment Current Liabilities Total Intangible Assets Total Long-term Investments Stockholders' Equity Current Assets Long-term Investments

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